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Linda is making a difficult decision about returning to school to earn a four-year undergraduate degree. Her current salary is $40,000 per year. The cost
Linda is making a difficult decision about returning to school to earn a four-year undergraduate degree. Her current salary is $40,000 per year. The cost of her tuition will be $5,000 per term with two terms per year. Ignoring the time value of money, what is the opportunity cost for Linda if she returns to school?
Select one:
$50,000
$200,000
$160,000
$40,000
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